Tesco (TSCDY) Lifted to “Buy” at Goldman Sachs Group
Goldman Sachs Group upgraded shares of Tesco (OTCMKTS:TSCDY) from a sell rating to a buy rating in a research report sent to investors on Tuesday morning, MarketBeat reports.
TSCDY has been the topic of a number of other research reports. Berenberg Bank assumed coverage on shares of Tesco in a research report on Tuesday, October 3rd. They issued a hold rating on the stock. BNP Paribas lowered shares of Tesco from a neutral rating to an underperform rating in a research report on Wednesday, September 13th. Finally, Zacks Investment Research lowered shares of Tesco from a buy rating to a sell rating in a research report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average target price of $8.50.
Shares of Tesco (OTCMKTS TSCDY) opened at $8.19 on Tuesday. Tesco has a 52-week low of $6.34 and a 52-week high of $8.24.
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Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. The Company’s segments include UK & ROI, which includes the United Kingdom and Republic of Ireland; International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.
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